EconomyThursday, 11 June 2026·The Hindu - Economy
India to replace WPI with Producer Price Index from June 15, 2026
DPIIT will release a revised WPI series with base year 2022-23 and a new PPI series from June 15, 2026.
Key highlights
Direct fact
On June 15, 2026, the Department for Promotion of Industry and Internal Trade (DPIIT) will release a revised Wholesale Price Index (WPI) series with base year 2022-23 and a new Producer Price Index (PPI) series in India.
Key specifics
- The existing WPI series has base year 2011-12, while the new series uses 2022-23.
- The new PPI will have 3 indices: Output PPI, Trial Input PPI, and Services PPI.
- Services PPI will initially cover 7 services, including Banking, Securities Transaction, Insurance, Railways, Air (Passenger), and Telecom.
- The WPI will continue for 5 years from the date of release of the revised series and then be discontinued.
- The number of items in the WPI basket rises from 697 to 957 in the 2022-23 series.
Exam lens
Economy and inflation indices question, WPI base year 2022-23, PPI launch on June 15, 2026, 7 services in the first phase, 697 to 957 items; TNPSC may ask WPI vs CPI vs PPI and the role of DPIIT.